Fed Paper Finds Tariffs May Raise US Consumers’ Everyday Costs
President Donald Trump’s proposed tariffs on imports from China, Mexico and Canada could lead US consumers to face higher prices on everyday purchases, according to new research published Friday.
Tariffs on Imports From Canada and Mexico Are Still a Terrible Idea
During a cabinet meeting on Wednesday, President Donald Trump acknowledged that Americans don't like high prices. "We have to ...
US Dollar steadies after in-line PCE data
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of six major currencies, remains firm ...
The latest Australian dollar sell-off is a red flag for the economy
The Australian dollar sell-off suggests that while we may be slowly digging our way out of the cost-of-living crisis, global ...
Tariff threats and uncertainty could weigh on consumers and drag down the economy, government report suggests
Data released Friday showed that consumers slashed their spending by the most since February 2021, even as their incomes rose ...